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End-of-Day (EOD) Trailing Drawdown – 10-Four

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Written by Pavlos Antoniou
Updated this week

All 10-Four Evaluation and Funded accounts operate under an End-of-Day Trailing Drawdown model.

This system is designed by traders, for traders.

As you grow the account, your protection level moves up with you.

Once you build enough profit, the drawdown locks at your original starting balance.

After that point, you can no longer lose the initial account size.

How It Works

At the end of each trading day:

• We record your highest closing balance

• The Maximum Loss Limit (MLL) adjusts upward

• It does not move during the trading session

The drawdown only updates after the market session closes.

Once your account reaches the Initial Trail Balance, the MLL locks at your starting balance and stops trailing permanently.

If your balance touches the MLL at any time, the account is breached.

Drawdown Structure by Account Size

Account Size

Max Loss Limit

Initial Trail Balance

Locked Level

$25,000

$1,000

$26,000

$25,000

$50,000

$2,000

$52,000

$50,000

$100,000

$3,000

$103,000

$100,000

$150,000

$4,500

$154,500

$150,000

What This Means in Practice

While you are growing the account:

• Your protection level increases

• It never decreases

• It updates only after the trading day closes

Once locked:

• Your worst-case scenario becomes breakeven

• The drawdown no longer trails

• You trade knowing your starting capital is protected

Why We Use This Model

This structure rewards disciplined growth.

It prevents traders from giving back everything after strong performance.

It protects capital while still giving room to scale.

At 10-Four, the objective is sustainable trading.

We are built by traders, and the rules reflect that.

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